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Ciena Corporation

Stage 4 · Declining · week 5

As of Oct 22, 2026, Ciena is in Stage 4, the downtrend phase, now in week 5 (since Sep 21, 2026). It closed at $322.64, 48.5% below its 52-week high and below its 200-day average, which is rising.

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. More about the company

$322.64
-8.34% today
$45.8B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 29w
S2 55w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 3w → S1 9w → S4 7w → S1 1w → S2 13w → S3 7w → S4 5w → S1 1w → S2 4w → S1 2w → S2 29w → S3 6w → S4 4w → S1 3w → S2 55w → S3 11w → S4 5w current
Total tracked: 164 weeks across 17 stage runs.

CIEN among Communication Equipment6th of 45 by relative strength

All 45 →
Stocks in Communication Equipment ranked by relative strength, with stage and one-month change
#StockStageRS1M
1LITEStage 2 · wk 799−19.7%
2HPEStage 2 · wk 2897−11.0%
3SILCStage 2 · wk 596−22.6%
4VIAVStage 2 · wk 296−16.8%
5AAOIStage 4 · wk 295−32.6%
6CIENStage 4 · wk 594−9.3%
7DGIIStage 2 · wk 6893−3.3%
8FEIMStage 2 · wk 591−26.9%
vs 52W High
-48.5%
$164.48 lo$627.00 hi
48.5% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 5
1w13w26w
Week 5, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-19.7%
200 DMA: $401.90 · rising
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.44x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↗ ⇈
Short-term trend rising gently, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-9.3%
3M
-17.5%
6M
-37.5%
YTD
+31.1%
1Y
+90.1%
Scan Membership
Breakout Watch
Latest: 2025-06-20
12 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 5 · Vol 1.44x
2026-10-21S4
Wk 5 · Vol 0.99x
2026-10-20S4
Wk 5 · Vol 0.72x
2026-10-19S4
Wk 5 · Vol 1.14x
2026-10-16S4
Wk 4 · Vol 1.21x
2026-10-15S4
Wk 4 · Vol 1.33x
2026-10-14S4
Wk 4 · Vol 1.28x
2026-10-13S4
Wk 4 · Vol 1.07x
2026-10-12S4
Wk 4 · Vol 1.31x
2026-10-09S4
Wk 3 · Vol 1.51x
2026-10-08S4
Wk 3 · Vol 1.49x
2026-10-07S4
Wk 3 · Vol 1.35x
Moving averages & range
50 DMA
$372.73
200 DMA
$401.90
52W High
$627.00
52W Low
$164.48
5D Low
$322.64
Resistance levels (recent highs)
20d High
$449.77
60d High
$449.77
120d High
$627.00
250d High
$627.00
Next resistance
+39.4%
to 20d High
P/E (TTM)
72.2
Forward 27.2
Earnings Growth (YoY)
+422.9%
Revenue +37.0%
ROE
+22.4%
Profit margin +10.9%
Dividend Yield
0.00%
P/B 15.0

Ciena: quick answers

What stage is Ciena in?

As of Oct 22, 2026, Ciena (CIEN) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 21, 2026 and is in week 5. What the four stages mean

Is Ciena in an uptrend?

No. Ciena is in a Stage 4 downtrend. It trades 19.7% below its 200-day average, which is rising.

How far is Ciena from its 52-week high?

Ciena closed at $322.64 on Oct 22, 2026, 48.5% below its 52-week high of $627.00. Its 52-week low is $164.48.

How has Ciena performed over the past year?

As of Oct 22, 2026, Ciena is up 90.1% over the past year and up 31.1% so far in 2026.

Which sector and industry is Ciena in?

Ciena is in the Communication Equipment industry, part of the Information Technology sector.

About this companyInformation Technology· Communication Equipment

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Fulton, Maryland.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.